981 State Route 7 N - Freestanding FOR SALE
Pierpont, OH 44082 |
$1,213,804 USD
248-227-0817
981 State Route 7 N
Pierpont, OH 44082
HIGHLIGHTS
- 2020 Build-to-Suit: Construction for Dollar General with ± 8.5 years remaining on an initial 15-year absolute NNN lease.
- Attractive Return: 7.65% return on a stabilized investment-grade credit tenant.
- Tourist Proximity: Close to Pymatuning State Park and Pineview Campgrounds, generating consistent consumer traffic and supporting surrounding retail d
- Strategic Location: Pierpont, OH, is located 17 miles southeast of Ashtabula, OH, and 35 miles southwest of Erie, PA.
- Investment-Grade Credit: Dollar General boasts an investment-grade credit rating of BBB (S&P).
- National Expansion: Dollar General has ±20,000 locations and plans to continue their expansion for the foreseeable future.
FOR SALE DETAILS
PRICE
$1,213,804 USD
PRICE/SF
$133 USD /SF
CAP RATE
7.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
C
APN/PARCEL ID
400330001000
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248-227-0817
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248-227-0817
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